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Telecom Digital Further Delays Circular on Connected Acquisition Pending Trustee Approval

Story Highlights
  • Telecom Digital has postponed the shareholder circular on its planned acquisition to no later than 31 March 2026.
  • The delay stems from ongoing efforts to secure approval from the KW Cheung Family Trust’s trustee, which indirectly controls a majority stake in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telecom Digital Further Delays Circular on Connected Acquisition Pending Trustee Approval

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Telecom Digital Holdings Ltd ( (HK:6033) ) has shared an update.

Telecom Digital Holdings Limited has announced a further delay in sending a shareholder circular related to a previously disclosed acquisition and connected transaction. The circular, originally expected by 31 January 2026, is now anticipated to be dispatched no later than 31 March 2026, as the company continues to seek approval from HSBC International Trustee Limited, trustee of the KW Cheung Family Trust, to accept the target company as part of the trust property, a step that is important given the trust’s indirect control of a majority stake in Telecom Digital.

The most recent analyst rating on (HK:6033) stock is a Hold with a HK$0.57 price target. To see the full list of analyst forecasts on Telecom Digital Holdings Ltd stock, see the HK:6033 Stock Forecast page.

More about Telecom Digital Holdings Ltd

Telecom Digital Holdings Limited is a Hong Kong-listed company in the telecommunications sector, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 6033. The company’s controlling stake of approximately 54.49% of its issued share capital is indirectly held through CKK Investment Limited, which is in turn tied to the KW Cheung Family Trust.

Average Trading Volume: 80,548

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$242.3M

Learn more about 6033 stock on TipRanks’ Stock Analysis page.

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